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Theoretical Basics of Distributed Ledger Technologies

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Financial Innovation and Value Creation

Part of the book series: Financial Innovation and Technology ((FIT))

Abstract

Distributed ledger technologies and in particular the term blockchain have been mentioned more and more frequently in recent years in connection with the digitalization and modernization of existing digital processes. Even though the basic concept has been known since the early 1990s, it was rediscovered primarily through the concept of the cryptocurrency Bitcoin presented in 2008 and is almost ubiquitous at the present time. However, the subject area of distributed ledger technologies is wide ranging and complex. This article describes the most important sub-areas and concepts and outlines their interrelationships.

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Correspondence to Christian Schmitz .

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Schmitz, C., Užík, M. (2023). Theoretical Basics of Distributed Ledger Technologies. In: Užík, M., Schmitz, C., Block, S. (eds) Financial Innovation and Value Creation. Financial Innovation and Technology. Springer, Cham. https://doi.org/10.1007/978-3-031-22426-3_3

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